900 Credit Score: Possible or Not? | Chase (2024)

Highlights:

  • While older models of credit scores used to go as high as 900, you can no longer achieve a 900 credit score.
  • The highest score you can receive today is 850.
  • Anything above 800 is considered an excellent credit score.

A credit score of 900 is not possible, but older scoring models that are no longer used once went up to 900 or higher. The highest possible credit score you can get now is 850. If you’re curious about your current credit score and how you may achieve a higher one you can enroll in Chase Credit Journey®, a free, online credit monitoring tool available to Chase and non-Chase customers.

In this article, we will review:

  • What the highest credit score is
  • Credit score ranges by scoring model
  • What factors affect your credit score?
  • Benefits of having an exceptional score

What is the highest credit score?

According to the current scoring models, the highest credit score you can receive is 850, but essentially any score in the 800 range is considered to be an exceptional score. There may be some light differences when it comes to specific ranges for both the VantageScore® and the FICO score®. Let’s review them below.

Credit score ranges by scoring model

Both the VantageScore and FICO score models range from a low of 300 to a high of 850. They are both categorized into ranges from low to high credit scores. As you can see in the scoring models below, achieving a 900 score is not possible today.

The VantageScore credit score ranges are:

  • Excellent: 781 to 850
  • Good: 661 to 780
  • Fair: 601 to 660
  • Poor: 500 to 600
  • Very Poor: 300 to 499

For FICO, the credit score ranges are:

  • Exceptional: 800+
  • Very Good: 740 to 799
  • Good: 670 to 739
  • Fair: 580 to 669
  • Poor: 579 and below

What factors affect your credit score?

A credit score is calculated based on a variety of factors. These include, but are not limited to:

  • Payment history: This factor represents 40% of your VantageScore and 35% of your FICO score. This accounts for the consistency and timeliness of your bill payments over time.
  • Credit utilization: This segment accounts for 20% of your VantageScore and 30% of your FICO score. Credit utilization tallies the amount you owe compared to the credit you have available across all open credit accounts.
  • Length of credit history: This category adds up to 15% of value toward your VantageScore and FICO score. This segment considers the age of your oldest and youngest accounts. Credit agencies also factor the average age of all your accounts into this segment. They may note your usage rate for these accounts as well.
  • Credit mix: Credit mix indicates the types of credit you have. These may include installment loans, credit cards or mortgages, but it's not necessary to have all kinds of credit. But it may be beneficial for your score if you have more than one. Credit bureaus often look to see if you have a mix of revolving loans and installment loans.
  • New credit accounts: This includes the total number of new credit accounts and loans you’ve opened or applied for recently. Note that opening too many accounts at the same time can work against you here.

Benefits of having an exceptional score

You don’t need to have a perfect score. Just with a good score you may enjoy the benefits described below:

  • Having more room to negotiate for better terms/rates
  • Eligibility for more premium credit cards that could come with better earning rewards, perks and special benefits on travel
  • Receiving higher credit limits that grant you more purchasing power
  • Higher odds of approval for important life decisions like renting an apartment
  • A good impression on a potential employer who may run a credit check

Remember, a "perfect" score may be highly unlikely for you to achieve no matter which scoring model is used. To land in the top range — and be considered "exceptional” by the credit bureaus — there are some essential financial practices you should meet on a consistent basis, such as:

  • Having a strong payment history
  • Maintaining a low credit utilization ratio
  • Having no derogatory remarks such as late payments
  • Keeping your credit cards’ accounts open and active for a long time

In summary

While 900 is no longer a credit score you can achieve today, you can still put in your best efforts to achieve an exceptional score of 800 or higher. Whether you’re looking to improve your score over time or challenge yourself to achieve something exceptional, enrolling in Credit Journey® will help you track your progress. Remember, your overall financial behavior and relationship with credit are key factors in helping you achieve your desired credit score.

900 Credit Score: Possible or Not? | Chase (2024)

FAQs

900 Credit Score: Possible or Not? | Chase? ›

A credit score of 900 is not possible, but older scoring models that are no longer used once went up to 900 or higher. The highest possible credit score you can get now is 850.

Is a 1000 credit score possible? ›

A credit score of 1,000 is not possible because the standard credit score range used by FICO and VantageScore is 300 to 850. Other credit scoring models have a high of 900 or 950, but they are industry-specific and only used by certain financial institutions.

Has anyone gotten an 850 credit score? ›

And when it comes to credit, 850 is the highest the FICO Score scale goes. For more and more U.S. consumers, practice is making perfect. According to recent Experian data, 1.54% of consumers have a "perfect" FICO Score of 850. That's up from 1.31% two years earlier.

How rare is an 800 credit score? ›

22% of U.S. Consumers Have Exceptional Credit

But according to Experian data captured as 2023 came to a close, nearly 22% of consumers have a FICO® Score in the highest credit score range—800 to 850.

When did 900 credit score go away? ›

At first, the VantageScore used a very different scoring range, 501–900, but in 2013 it changed its range to be the same as FICO: 300–850. Both use similar scoring factors, although the VantageScore places more weighting emphasis on the length of an individual's credit history.

How rare is an 843 credit score? ›

Your 843 FICO® Score falls in the range of scores, from 800 to 850, that is categorized as Exceptional. Your FICO® Score is well above the average credit score, and you are likely to receive easy approvals when applying for new credit. 21% of all consumers have FICO® Scores in the Exceptional range.

Who can get a 900 credit score? ›

Highlights: While older models of credit scores used to go as high as 900, you can no longer achieve a 900 credit score. The highest score you can receive today is 850. Anything above 800 is considered an excellent credit score.

What is a perfect credit score? ›

A perfect credit score of 850 is hard to get, but an excellent credit score is more achievable. If you want to get the best credit cards, mortgages and competitive loan rates — which can save you money over time — excellent credit can help you qualify. “Excellent” is the highest tier of credit scores you can have.

Does anyone have a credit score of 300? ›

While it's possible to have a 300 credit score, it doesn't happen very often. In fact, it's pretty rare, even with a significantly poor credit history. That said, many Americans have financial difficulties that lead to poor credit. Sometimes, through no fault of your own, you can end up with a low credit score.

How to go from 700 to 850 credit score? ›

How to Bring Your Credit Score Above 700
  1. Pay on Time, Every Time. ...
  2. Reduce Your Credit Card Balances. ...
  3. Avoid Taking Out New Debt Frequently. ...
  4. Be Mindful of the Types of Credit You Use. ...
  5. Dispute Inaccurate Credit Report Information. ...
  6. Don't Close Old Credit Cards.
Feb 7, 2021

What is the average American credit score? ›

What is the average credit score? The average FICO credit score in the US is 717, according to the latest FICO data. The average VantageScore is 701 as of January 2024. Credit scores, which are like a grade for your borrowing history, fall in the range of 300 to 850.

What is a good credit score to buy a house? ›

You'll typically need a credit score of 620 to finance a home purchase. However, some lenders may offer mortgage loans to borrowers with scores as low as 500. Whether you qualify for a specific loan type also depends on personal factors like your debt-to-income ratio (DTI), loan-to-value ratio (LTV) and income.

What is a good credit limit for a 22 year old? ›

Average American credit limit by credit score and age group
GenerationAverage Overall Credit Limit Per PersonAverage FICO Score
Generation Z (18-22)$8,062667
Millennials (23-38)$20,647668
Generation X (39-54)$33,357688
Baby Boomers (55-73)$39,919731
1 more row
Dec 22, 2022

Does FICO score go up to 900? ›

Is a 900 credit score possible? Depending on the type of scoring model, a 900 credit score is possible. While the most common FICO and VantageScore models only go up to 850, the FICO Auto Score and FICO Bankcard Score models range from 250 to 900.

How many people have a credit score of 900? ›

To give you an idea of how hard it is to get such a stellar credit score, some experts estimate that only between 1% to 6% of people have credit scores at or above 850. It's very difficult to achieve a perfect credit score of 900.

What is the highest possible FICO score? ›

The highest score you can have on the most widely used scales is 850. According to data from FICO, about 1.7% of all FICO scores were at the coveted 850 as of April 2023. And even if you do get there, the fluctuating nature of credit scores means you're unlikely to keep it month after month.

How rare is a 1000 credit score? ›

A credit score of 1,000 is not possible because credit scoring models simply do not go that high. According to Experian, some credit scoring models reach upwards of 900 or 950, but those are industry-specific scores that are only used by certain institutions.

What is the lowest credit score possible? ›

What is the lowest credit score possible? Generally, credit scores range from 300 to 850, making 300 the lowest possible credit score. But it's important to note that you typically have more than one credit score. And they may differ depending on the credit-scoring company and when they were calculated.

Does anyone have a 950 credit score? ›

Is a 950 credit score possible? In most conventional credit scoring systems, such as FICO and VantageScore, a credit score of 950 is not possible, as they typically have a maximum score of 850. However, some custom or industry-specific scoring models might use a different scale, but they are not as widely used.

Is a 1000 credit limit bad? ›

a $1,000 credit limit is good if you have fair, limited or bad credit, as cards in those categories have low minimum limits. The average credit card limit overall is around $13,000, but you typically need above-average credit, a high income and little to no existing debt to get a limit that high.

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